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Ummm...he's making a killing in United Spirits. Does he need to take money out of ICNB? No, but he will gladly. R/S, dilute, repeat.
Halted for $10 Billion buyout news.
Which I think happened. Why out of nowhere do we get a 1 Billion plus surge of trading???
There's no way this shouldn't shoot up past .003. OH WAIT...NITE is all over the bid and the ask. Shocker. Everytime this tries to go up 1 tick they just load the ASK and then dump under. So annoying.
This stock is frustrating seriously.
Well if there wasn't a massive .0002 wall it'd be nice for a change.
I bet we finish RED today. No joke.
And NITE is actually a notorious short seller.
http://www.penny-stock-brokers.org/mm-nite-shorting/
Dumb. Let the thing actually ride to the high .002's at least good god. It goes up 1 tick and everyone dumps below the damn ask.
Why does NITE always insist on killing any run this tries to actually make???
So you just have $77,000 just laying around to throw into a penny stock? Must be nice. GLTA
Others said the same thing, so what does that mean? Manipulation by the MMs? Why stack the ASK with so many shares at .0002? For people to come in with buy orders at .0001?
That's not even the worst part of the balance sheet. TRAVEL AND ENTERTAINMENT is the worst part. You want to clean up the balance sheet? Less cheeseburgers and steak dinners.
Didn't he say like 113 million shares got converted? How's that explain over a billion traded?
Exactly. His pocket.
Where is your proof? You have been called out.
I watch this stock on L2 everyday. It's blatantly obvious when a stock is getting shares dumped into it. One key sign is shares currently getting sold under the ASK basically all day and about 75%+ of the selling for the day would be sold under the Asking price. I haven't seen this being done on this stock at all to point to dilution.
He WONT! Too many skeletons in his closet for him having an actual audit done on his financials. Just telling the investors what they want to hear, which is why I got out of this scam. Love the product, hate ICNB the company.
If Rich would have followed through on Audits and 100% ownership of Bellisma I doubt this would be sub pennies..probably be worth at least 5-10 more than it is now. Saying...
#scamming
So what's everyone's opinion on what just happened? It's obvious dilution but why? Thought they had their balance sheet close to "clean". Was this to pay off the last bit of debt or are they expanding the OS / AS even more?
Makes sense. I picked up 1 million today..hopefully it will pan out.
I would think if it were noteholders they'd be selling in the .0001s just to unload but who knows
What I don't like about all these delays is this from their PR:
"In addition, AZFL has negotiated with note-holders to temporarily freeze selling debt notes up until after harvesting time late October 2017."
Well..they keep dragging their feet straight into this next PR I can see massive dilution and noteholder conversions going straight into the "good news" we are all hanging on a thread for. That's not a good thing for us shareholders as they could care less what the stock price is as they probably got their shares for peanuts.
Thoughts?
If 10 million is underselling the ASK price then that is more than likely noteholders or dilution. I've seen it many many many times. Why else would a normal shareholder sell that many shares for a loss? I'm sure this won't stop until the prices or .0001
If they aree debt free...why are they diluting the heck out of this?
Trying to patiently wait for it...all we need is the volume. L2 is always thin.
Sooo..this is a weak buy now?
Wow...enjoy the pain. Good luck. Still out. Watching for the though.
No volume, no interest. I thought for sure it would have rebounded by now.
Where the the volume??? We need NEWS asap.
Lots of people apparently
Somone snatch up those .0029's and .003's please :)
Which was supposed to take like a few days...which is now turning into weeks due to "weather". Annoyed.
Thanks for looking out. I'm sure you are chomping at the bit to say "I told you so"
Finished green last I checked...
Obsessed much? Thanks for looking out for us all. LOL
Who's the clown who sold 89,500 shares for .0025 before close? DUMB.
Where's the volume? We could fly today since CDEL and NITE are not all over the Bid and Ask for once. Get that powder out people.
Not really, it's an update that they completed their forward looking plans.
Didn't know they made Hemp husking machinery? Guess I'm living in an alternate universe where it exists...
How do you really feel though?